Real Exchange Rates and the Prices of Nontradable Goods /

This paper attempts to provide a perspective on real exchange rate developments following the inception of the EMS. The focus is on structural determinants of real exchange rates, notably the behavior of tradables and nontradable prices and productivity. It is found that changes in the relative pric...

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Autor principal: Micossi, S.
Altres autors: Milesi-Ferretti, Gian
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1994.
Col·lecció:IMF Working Papers; Working Paper ; No. 1994/019
Accés en línia:Full text available on IMF